Please guide me the depreciation usefull life of the under mentioned asset of Bullion Co. as per Companies Act,2013 Schedule II
1.Air Conditioner
2.Electric Scale
3.Money Counter Machine
4.Water Dispenser
5.CC Tv Camera
6.Sony LCD TV
7. Mobile Phone
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Depreciation rate of a bullion co. as per schedule ii
Replies (1)
All the above assets would fall under office equipment except Elec scale for which Useful life of General P & M may be adopted
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